Willkie Farr & Gallagher LLP
10/20/2026 | News release | Distributed by Public on 10/20/2026 13:06
Willkie Advises Prudential Financial on $4 Billion+ Sale of Brazil and Mexico Units to CNP Assurances
Willkie Advises Prudential Financial on $4 Billion+ Sale of Brazil and Mexico Units to CNP Assurances
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October 20, 2026
Willkie is representing Prudential Financial, Inc. (NYSE: PRU) in the sale of Prudential of Brazil and Prudential of Mexico to the CNP Assurances Group for $4.025 billion.
On October 20, Prudential announced that it entered into definitive agreements to sell Prudential of Brazil and Prudential of Mexico to CNP Assurances, a property and personal insurer and subsidiary of La Banque Postale, for an aggregate purchase price of $4.025 billion in cash. The transaction advances Prudential's exit from emerging markets as well as its capital allocation strategy to drive long-term shareholder value.
Prudential Financial, Inc. is a global financial services leader and premier active global investment manager with approximately $1.6 trillion in assets under management as of June 30, 2026.
The Willkie team is led by partners Gregory Astrachan, Sarah B. Wong, Anna Martini G. Pereira and John Karol.
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Willkie Farr & Gallagher LLP published this content on October 20, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 20, 2026 at 19:06 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]